WaveGen Energy's wave energy testing.

WaveGen Energy completes its wave energy technology testing in India, eyes next steps

Business Developments & Projects

Renewable energy company WaveGen Energy has completed testing of its 200 W proof of concept (POC) at the National Institute of Technology Karnataka (NITK), demonstrating wave energy technology that could surpass current efficiency standards in the sector.

Source: WaveGen Energy (Screenshot)

According to WaveGen, its patented technology can generate electricity with a 52% efficiency rate, compared to the industry standard of 20%. In addition to power generation, the system is designed to desalinate seawater and serve as a coastal erosion barrier.

“Recently, we successfully tested our 200W Proof of Concept (POC) at NITK, showcasing the real-world potential of our innovation,” Thaneshwar Singh, Director of WaveGen Energy said in a social media post.

“Now, we are looking for investors and strategic partners who share our vision of making India a global leader in wave energy. The blue economy is the future, and early adopters will be at the forefront of a trillion-dollar shift toward sustainable energy.”

The company is seeking investors and strategic partners to scale up the technology for commercial deployment.

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